Jamaica (JAM) and Turkey (TUR) Trade | The Observatory of Economic Complexity

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Jamaica-Turkey Trade: In 2023, Jamaica exported $143k to Turkey. The main products that Jamaica exported to Turkey were Essential Oils ($91.8k), Navigation Equipment ($16.1k), and Refined Petroleum ($6.26k). Over the past 5 years the exports of Jamaica to Turkey have decreased at an annualized rate of 29.8%, from $834k in 2018 to $143k in 2023.

In 2023, Jamaica did not export any services to Turkey.

Turkey-Jamaica Trade: In 2023, Turkey exported $210M to Jamaica. The main products that Turkey exported to Jamaica were Raw Iron Bars ($71.7M), Other Steel Bars ($69.1M), and Plastic Lids ($17.3M). Over the past 5 years the exports of Turkey to Jamaica have increased at an annualized rate of 9.67%, from $132M in 2018 to $210M in 2023.

In 2023, Turkey did not export any services to Jamaica.

Comparison: In 2023, Jamaica ranked 70 in the Economic Complexity Index (ECI -0.14), and 147 in total exports ($1.89B). That same year, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Jamaica exported $143k to Turkey. The main products exported from Jamaica to Turkey were Essential Oils ($91.8k), Navigation Equipment ($16.1k), and Refined Petroleum ($6.26k). During the last 5 years the exports of Jamaica to Turkey have decreased at an annualized rate of 29.8%, from $834k in 2018 to $143k in 2023.

In 2018, Turkey exported $210M to Jamaica. The main products exported from Turkey to Jamaica were Raw Iron Bars ($71.7M), Other Steel Bars ($69.1M), and Plastic Lids ($17.3M). During the last 5 years the exports of Turkey to Jamaica have increased at an annualized rate of 9.67%, from $132M in 2023 to $210M in 2018.

Exports from Jamaica () to Turkey () (2023)

Exports from Turkey () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Turkey ()

Turkey Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Jamaica
Top DestinationUnited States$709M

Turkey
Top DestinationGermany$24.7B

This map shows whether countries import more from Jamaica or Turkey. Each country is colored based on the difference in imports they receive from Jamaica and Turkey or the difference in the growth in imports.

In 2023, countries that imported more from Jamaica than Turkey included Iceland ($127M), Barbados ($46.1M), and Saint Lucia ($11.2M).

In 2023, countries that imported more from Turkey than Jamaica included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

Difference in imports from Turkey () and Jamaica () (2023)

Comparative Advantage Jamaica - Turkey

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Jamaica and Turkey by product, considering products traded by both, Jamaica and Turkey.

During 2023, Jamaica had a large net trade with Turkey in the exports of Chemical Products ($91.8k), Machines ($24.9k), and Foodstuffs ($9.4k).

During 2018, Turkey had a large net trade with Jamaica in the exports of Metals ($168M), Plastics and Rubbers ($18.7M), and Machines ($6.71M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Jamaica Turkey+$98.9kHard Liquor

Top Product Potential Turkey Jamaica+$2.89MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Jamaica and Turkey. This means that a dot/product with the flag of Jamaica indicates it has a comparative advantage over Turkey. Similarly, a dot/product with the flag of Turkey indicates it has a comparative advantage over Jamaica.

About

Historical Data

Bilateral Trade by Products

Exports from Jamaica () to Turkey () (2023)

Exports from Turkey () to Jamaica () (2023)

Latest Data

Trade between Jamaica () and Turkey ()

Turkey Exports

Market Competitiveness

Difference in imports from Turkey () and Jamaica () (2023)

Comparative Advantage Jamaica - Turkey

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Jamaica () and Turkey () (2023)

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